Wednesday, May 5, 2021

The Origin of Formula One Racing


Imran Husain is the manager of IH Investments LLC, a real estate investment agency based in Santa Monica, California. Earlier in his career, he was CEO of Converge Global Inc. In his current role with IH Investments, he manages investments for multifamily and other kinds of commercial real estate. When not at work, Imran Husain enjoys Formula One racing.

Formula One is a fast, glamorous sport and the world’s premier auto racing series. It has a large fan base around the globe. The name, Formula One, refers to a set of rules that every participant and car has to follow before entering competition. Originally known as Formula A, the sport traces its roots back to motor racing in the 1930s.

The Second World War deterred Formula One from starting earlier. The onset of war meant French, Belgian, and other European engineers switched their focus to the conflict. In 1946, interest in Formula One was rekindled and the first races occurred in 1947. It was not until 1950 that arrangements for a world championship were finalized, paving the way for the first World Championship Grand Prix in Silverstone, United Kingdom.

The early championships consisted of seven rounds in Monaco, Britain, Switzerland, America, France, Belgium and Italy. The early Formula One was dominated by popular pre-war auto manufacturers, such as Mercedes Benz, Ferrari, Maserati, and Alfa Romeo. With time, more races were included in the championship, but there were also non-championship races until 1983.

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The former CEO of Santa Monica, California-based American Business Investments and Converge Global Inc., Imran Husain works as a manager wi...